Question
Dev borrowed Rs. 6400 at R% S.I. and Rs. 5600 at (R +
5)% S.I. for 3 years. If the total interest came to Rs. 4800, find the rate applicable on Rs. 5600.Solution
According to question, 6400 × R/100 × 3 + 5600 × (R + 5)/100 × 3 = 4800 192R + 168R + 168 × 5 = 4800 360R + 840 = 4800 360R = 3960 R = 11% So, R + 5 = 16%
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